Switzerland is unanimously considered a pioneering nation in the cryptocurrency sector. As early as 2013, the first startups intended to focus their business on crypto were incorporated in Switzerland. At that time, there was no legislation to ensure working in full legal certainty, as digital currencies were still totally unknown, not only to the masses, but also to insiders. The federal government immediately positioned itself as an extremely innovative location and took a business-friendly approach to Crypto startups eager to establish themselves in the Alpine nation. The Swiss authorities issued the first banking licenses for crypto-banks back in 2015. ThisGo to Source
Author: NixCoin
